Breaking Down Revenue Trends: Intuit Inc. vs Shopify Inc.

Intuit vs Shopify: A Decade of Revenue Growth

__timestampIntuit Inc.Shopify Inc.
Wednesday, January 1, 20144506000000105018000
Thursday, January 1, 20154192000000205233000
Friday, January 1, 20164694000000389330000
Sunday, January 1, 20175177000000673304000
Monday, January 1, 201859640000001073229000
Tuesday, January 1, 201967840000001578173000
Wednesday, January 1, 202076790000002929491000
Friday, January 1, 202196330000004611856000
Saturday, January 1, 2022127260000005599864000
Sunday, January 1, 2023143680000007060000000
Monday, January 1, 2024162850000008880000000
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Infusing magic into the data realm

Revenue Growth: Intuit Inc. vs Shopify Inc.

In the dynamic world of technology and e-commerce, Intuit Inc. and Shopify Inc. have emerged as significant players. Over the past decade, Intuit has consistently demonstrated robust growth, with its revenue increasing by approximately 260% from 2014 to 2023. This growth trajectory highlights Intuit's strategic adaptability and market resilience.

Conversely, Shopify, a relatively newer entrant, has shown an impressive revenue surge of over 6,600% during the same period, reflecting its rapid expansion and the growing demand for e-commerce solutions. Notably, Shopify's revenue in 2023 reached nearly half of Intuit's, underscoring its swift rise in the industry.

While Intuit's revenue data for 2024 is available, Shopify's is not, indicating potential data gaps. This comparison not only showcases the growth patterns of these companies but also provides insights into the evolving landscape of technology and e-commerce.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025